Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
My bank needs a Non-Lodgment Advice for myself so they can submit our application for First Home Loan Deposit Scheme. I have looked on the ATO portal and there is no where I can get a letter to state that I do not need to lodge a tax return. I've already filed a non-lodgement for 2020. Help!! What do I do?